Another #recession indicator is when supply cuts fail to boost oil prices. pic.twitter.com/MUVQFGo7hF
— Lance Roberts (@LanceRoberts) April 10, 2023
It is probably higher.
How many companies are just riding out their overpriced rent and waiting to dump large amounts of space on the market? pic.twitter.com/MxRu2fkTM8
— Wall Street Silver (@WallStreetSilv) April 10, 2023
The lifeblood of this warped economy is credit. Without trillions of government, mortgage and consumer debt being constantly created, this house of cards implodes. I’m sure this is just a blip. Nothing to worry about. This is fine. pic.twitter.com/mNfZyZfLib
— The Burning Platform (@burningplat) April 10, 2023
Banks offloading risk… be ready. t.co/nkhzSDUwYk
— IceCap (@IceCapGlobal) April 10, 2023
Real M2 Money stock deflated with CPI has reached -7.9%.
All previous readings below -3.5% or lower have coincided with a recession.
Note: None of these previous readings were preceded by the historic unprecedented M2 expansion following Covid. pic.twitter.com/Y3Nu3Tf927
— Sven Henrich (@NorthmanTrader) April 9, 2023
Hedge funds are reloading on bearish wagers on US equities to a decade high level of exposure, betting the latest market retreat will persist amid worsening economic data and corporate earnings. – Bloomberg pic.twitter.com/fNwgFlz7RV
— Markets & Mayhem (@Mayhem4Markets) April 10, 2023
40% decline is pretty much bullish.
Samsung earnings down 95% stock did +5% t.co/T3OxNlzhRn
— ＴＨＥ ＭＡＲＫＥＴ ＤＯＧ (@TheMarketDog) April 10, 2023
And here is the raw data… t.co/mWPvuN1p7K pic.twitter.com/NKzr2KrNHv
— Alasdair Macleod (@MacleodFinance) April 9, 2023
ISM Manufacturing PMI Crashes To Recessionary Levels As Bank Credit Growth Stalls
I read over the weekend that the Biden Administration was planning to unleash its army of social influencers on us to hype Biden’s economic accomplishments before the Presidential election. I…
Inflation Drives Fed Tightening = Crashing US Bank Credit YoY (Now Only 2.73%)
Inflation started with Biden’s misguided war on US energy, then Biden/Congress helped inflation with an epic spending splurge. The Federal Reserve counterattacked with Fed rate hikes.
The Next Bank Crisis Is Coming Right Up, Commercial Real Estate Implosion
“More than 50% of the $2.9T in commercial mortgages will need to be renegotiated in the next 24 months when new lending rates are likely to be up by 350 to 450 basis points”